Thursday, November 19, 2009

CBO:HEALTHCARELEGISLATIONINCREASES THE DEFICIT

CBO: HEALTHCARE LEGISLATION INCREASES THE DEFICIT
The House Democrats’ health care legislation will increase the budget deficit by $89 billion over the next 10 years, and would continue increasing thereafter, according to figures released today by the Congressional Budget Office [CBO] – a finding that directly contradicts the Democrats’ claims of deficit reduction. CBO’s analysis counts all Federal health costs – including a Medicare payment increase to physicians known as the “doc fix” – which House Democrats removed from their health care bill (H.R. 3962) to bring it up as a separate measure, H.R. 3961.
Read more: HERE and HERE

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